Question
Mr. P invested Rs. ‘2x’ in scheme ‘A’ offering
simple interest of 20% p.a. and reinvested the interest earned from scheme ‘A’ at the end of 4 years in scheme ‘B’ offering compound interest of 20% p.a. compounded annually. If total amount received from scheme ‘B’ after 2 years is Rs. 1008, then find the value of ‘8x’.Solution
According to question; 1.44 × {0.2 × 4 × 2x} = 1008 Or, {0.20 × 4 × 2x} = 700 Or, x = 437.5 So, 8x = 8 × 437.5 = 3500
According to the Global Innovation Index (GII) 2025, what is India’s rank?Â
Which of the following is a foundational principle of Arya Samaj?
The government of India slashed the windfall tax on domestically produced petroleum crude to what value effective from September 18, 2024?Â
The government panel to assess risks from AI platform ‘Mythos’ is chaired by:Â
What is the key feature of the RBI’s updated ECBA framework for Urban Co-operative Banks (UCBs)?Â
Tata Group announced an investment of how much amount for the ‘Innovation City’ project near Mumbai?Â
The Kumar Bhaskar Varma Setu bridge inaugurated in Assam has a length of:Â
Which of the following statements about PMSBY is false?
Under the revised CPI basket, what is the new weight assigned to Food & Beverages?Â
What is the primary goal of the Jalvahak scheme launched by the Ministry of Ports, Shipping & Waterways?
Relevant for Exams:
